
Las Vegas, NV 89108
This Single-Story Value-Add Asset is listed at $475,000, positioned near its $434,843 Fair Market Value. With a Condition Rating of 4, the property presents a clear path for forced appreciation through cosmetic updates to its spacious 1,807 sqft layout. The home features 4 bedrooms, a private patio, and an exceptionally Minimal $20 HOA fee, which significantly maximizes monthly cash flow potential. Located within walking distance of the top-rated Tobler Elementary School, this versatile property serves as a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors seeking a high-yield rental in a proven neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6440 MARROW Road Subject | $475,000* List Price | 4 | 2 | 1,807 | $241 | - |
A 3621 Broxburn Street Sold | $479,900 List Price | 4 | 2 | 1,807 | 0.1 mi | |
B 3421 N Irv Marcus Drive Sold | $351,329 | 4 | 2 | 1,778 | $198 | 0.4 mi |
C 3917 Aspencrest Drive Sold | $399,000 List Price | 4 | 2 | 1,806 | 0.4 mi | |
D 6465 Plumcrest Road Sold | $344,900 List Price | 3 | 2 | 1,584 | 0.3 mi | |
E 6465 Plumcrest Road Sold | $399,900 List Price | 3 | 2 | 1,584 | 0.3 mi | |
F 6917 Raleigh Avenue Sold | $405,000 | 4 | 3 | 1,582 | $256 | 0.6 mi |
G 3709 Broxburn Street Active | $499,000 List Price | 4 | 2 | 1,807 | $276 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, the property is nearly 40 years old and shows significant signs of being outdated. While the interior appears clean and maintained with functional systems, the carpeting, wall colors, and visible cabinetry reflect older styles consistent with a home that has not undergone a major renovation in the last 15-30 years. The listing's description as 'great for investors' further supports the assessment that the home requires cosmetic updates and modernization to meet current market standards.
The single-story floor plan offers excellent accessibility and broad market appeal, making it a highly desirable configuration for both families and those looking to age in place.
With an exceptionally low association fee of just $20, this property offers significantly lower monthly carrying costs compared to many neighboring Las Vegas communities.
Featuring 4 bedrooms and over 1,800 square feet, the home provides a versatile and spacious layout that is ideal for high-yield rental potential or a value-add renovation.
Built in 1985, the home may require capital improvements or modernization of major systems to meet contemporary buyer expectations and energy efficiency standards.
While the elementary school is highly rated and nearby, the closest high school has a lower rating, which could be a consideration for families prioritizing long-term educational proximity.
GREAT FOR INVESTORS, SINGLE STORY 4 BEDROOM HOME IN GREAT LOCATION. WITH A VERY LOW HOA!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 1.6 mi
Grades 6-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,807 | 1,961.945 |
| Lot Size | 6,970 | 6,098 |
| Price | $475.0K | $486.0K |
| Price per sq ft | $263 | $259 |
| Built year | 1985 | 2002 |
| HOA | $20 | $83 |
| Days on market | 510 | 62 |
Apr 17, 2025
$475,000
Initial Listing